Current:Home > StocksThese are the best days of the year to shop for holiday deals on electronics -Edge Finance Strategies
These are the best days of the year to shop for holiday deals on electronics
View
Date:2025-04-11 15:09:16
Some types of consumer electronics are already discounted more than a month before Christmas Day, but retailers are expected to roll out the sweetest deals of the year during the traditional price-slashing window between Black Friday and Cyber Monday.
Through November 16, shoppers can find 10% to 20% discounts on televisions, video game consoles, computers and other tech gear, according to Adobe Digital Insights. That lets consumers get a jump on their holiday shopping while still saving money.
"Now is a good period for consumers," Adobe Digital Insights manager Vivek Pandya told CBS MoneyWatch.
- See CBS Essentials for info on tech deals and buying guides
But consumers will have to weigh what is most important — getting the best deal or ensuring they getting the exact tech product they want.
"What they are negotiating is waiting for best discounts between Thanksgiving and Cyber Monday, or trying to get some of these items before they sell out," Pandya said.
When to find peak discounts
For shoppers who want to hold out for the greatest savings, it could pay to wait for the "Cyber Five" period, the five-day span between Thanksgiving and Cyber Monday, to buys products like TVs and sound systems. Other electronics will be discounted by as much as 30% on Cyber Monday, according to Adobe.
For TVs, look for discounts on Black Friday, which this year falls on November 24. The best day to shop for deals on computers will be Saturday, November 25, according to Pandya.
But retailers are nimble, and if they don't clear enough inventory during that period, they can introduce surprise discounts on other dates too.
"There are going to be competitive moments to get discounts throughout the season," he noted.
After Cyber Monday on November 27, discounts are likely to weaken but will remain as high as 16% off, Adobe projects.
Melissa Tatoris, vice president of retail at Zeta Global, also expects the best electronics deals to land on Cyber Monday, although shoppers could still find deep discounts later in the season.
"Retailers will be flexible if they have to go a couple basis points deeper toward the holidays because they didn't clear their inventory," she told CBS MoneyWatch.
After Christmas, retailers typically mark down any remaining seasonal inventory.
In years past, the best day of the year to score deals on electronics typically fell after Christmas on Dec. 27. But retailers are not expected to have a lot of excess inventory on hand this year.
"The risk with waiting until after Christmas is that typically that is when retailers mark down their extra seasonal inventory. However, retailers this year are signaling that they are doing a better job with forecasting and that their supply chains are in better shape," Deloitte retail strategy principal Brian McCarthy told CBS MoneyWatch.
"As a consumer, I could take my chances in getting a post-Christmas deal, but would risk the chance of not having a lot of selection," he said.
- In:
- Black Friday
- Holiday Season
Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace issues, the business of health care, consumer spending and personal finance topics. She regularly appears on CBS News streaming to discuss her reporting.
veryGood! (3)
Related
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- Pink gives away 2,000 banned books at Florida concerts
- Kenya parliament approves deployment of police to Haiti to help deal with gang violence
- MLB team owners set to vote Thursday on proposed relocation of Athletics to Las Vegas
- Bodycam footage shows high
- 'Innovating with delivery': Chick-fil-A testing drone delivery at a 'small number' of locations
- Nevada’s attorney general is investigating fake electors in 2020 for Trump, AP source says
- A Moroccan cobalt mine denies claims of arsenic-contaminated local water. Automakers are concerned
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- Taco Bell adds Grilled Cheese Nacho Fries to menu, offers $10 Nacho Fries Lover's Pass
Ranking
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- Japan’s exports grow better than expected as auto shipments climb
- 'One in a million': Alabama woman pregnant with 2 babies in 2 uteruses due on Christmas
- An Iranian rights lawyer detained for allegedly not wearing hijab was freed on bail, husband says
- 'Most Whopper
- All The Only Ones: No More (Gender) Drama
- Will Smith and Jada Pinkett Smith Slam “Unequivocally False” Claim He Slept With Actor Duane Martin
- Indian rescuers prepare to drill to reach 40 workers trapped in a collapse tunnel since weekend
Recommendation
Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
More cantaloupe products added to recall over possible salmonella contamination
Jimmy Kimmel Returning to Host Oscars 2024
First time cooking a turkey? This recipe promises a juicy roast with less work
Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
Where the Republican presidential candidates stand on abortion
Queen’s Gambit Stage Musical in the Works With Singer Mitski
Spotify Premium users can now access over 200,000 audiobooks, 15 hours of listening per month